Metso to continue its transformation by adopting a new strategy focusing on growth in its higher-margin businesses - Seite 3

Metso will report its financial performance externally in two segments: Minerals and Flow Control.

Executive Team

The new operating model and organization will be effective as of October 1, 2014, after which the Metso Executive Team will consist of Matti Kähkönen, President and CEO; Harri Nikunen, EVP & CFO, Deputy to the CEO; João Ney Colagrossi, President, Minerals; Juha Silvennoinen, President, Services; Perttu Louhiluoto, President, Flow Control; Merja Kamppari, SVP, HR; and Simo Sääskilahti, SVP, Strategy and Business Development.

President and CEO Matti Kähkönen:

"Our new strategy, together with our new operating model, marks the beginning of a new era for Metso. In essence, we will continue to move ahead with our transformation into a focused company, with businesses that offer growth potential with higher margins. This will translate into higher profitability and better returns - and ultimately greater value for our shareholders. Our customers will also benefit from a closer relationship with us and better access to our full-scope services offering, delivery capability, and market-leading process and application know-how. They will also be able to rely on us for reliable, leading technologies and a competitive offering - all delivered by highly competent and committed industry professionals worldwide every day."

Metso is a leading process performance provider, with customers in the mining, oil and gas, and aggregates industries. Metso's cutting-edge services and solutions improve the availability and reliability in minerals processing and flow control, providing sustainable process and profit improvements. Metso is listed on the NASDAQ OMX Helsinki, Finland. In 2013, Metso's net sales totaled EUR 3.8 billion. Metso employs approximately 16,000 industry experts in 50 countries. Expect results.
www.metso.com, www.twitter.com/metsogroup

                                  

Further information, please contact:

Matti Kähkönen, President and CEO, Metso Corporation, tel [phone]

Metso Corporation

Harri Nikunen

CFO

Juha Rouhiainen

VP, Investor Relations

Distribution:

NASDAQ OMX Helsinki Ltd

Media

www.metso.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Metso Corporation via Globenewswire

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